Old Dominion Freight Line, Inc.
Close on Nov 2, 2026Market cap $36.54BP/E 34.0Yield 0.64%
Old Dominion Freight Line Employee Benefit Costs (% of Salaries & Wages) by Year
Employee Benefit Costs (% of Salaries & Wages) (%)
Old Dominion Freight Line Employee Benefit Costs (% of Salaries & Wages): 40.0% in FY2025, up 2.7 pts from a year earlier. That is the highest of the 9 years on record here.
Where the FY2025 figure comes from
“The increase in our employee benefit costs was primarily due to higher costs associated with our group health and dental plans during 2025 that resulted from an increase in the average costs per claim as compared to 2024. Our employee benefit costs were also impacted by a decrease in retirement benefit plan costs that are directly linked to our net income as well as the reduction in our average number of active full-time employees. As a result, employee benefit costs as a percent of salaries and wages increased to 40.0% in 2025 compared to 37.3% in 2024.”
Source: Old Dominion Form 10-K (FY2025), filed 2026-02-24 ↗
Reported in Form 10-Q / 10-K MD&A & Q3 2026 Earnings Call Transcript.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Employee Benefit Costs (% of Salaries & Wages) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 40.0% | +2.7 pts | Old Dominion Form 10-K (FY2025), filed 2026-02-24 ↗ |
| FY2024 | Dec 31, 2024 | 37.3% | -0.2 pts | Old Dominion Form 10-K (FY2025), filed 2026-02-24 ↗ |
| FY2023 | Dec 31, 2023 | 37.5% | +1.3 pts | Old Dominion Form 10-K (FY2023), filed 2024-02-26 ↗ |
| FY2022 | Dec 31, 2022 | 36.2% | -0.4 pts | Old Dominion Form 10-K (FY2023), filed 2024-02-26 ↗ |
| FY2021 | Dec 31, 2021 | 36.6% | +2.8 pts | Old Dominion Form 10-K (FY2022), filed 2023-02-22 ↗ |
| FY2020 | Dec 31, 2020 | 33.8% | -2.6 pts | Old Dominion Form 10-K (FY2021), filed 2022-02-23 ↗ |
| FY2019 | Dec 31, 2019 | 36.4% | +3.2 pts | Old Dominion Form 10-K (FY2020), filed 2021-02-24 ↗ |
| FY2018 | Dec 31, 2018 | 33.2% | 0.0 pts | Old Dominion Form 10-K (FY2019), filed 2020-02-26 ↗ |
| FY2017 | Dec 31, 2017 | 33.2% | – | Old Dominion Form 10-K (FY2018), filed 2019-02-27 ↗ |
Cite this data
StockData. (2026). Old Dominion Freight Line Employee Benefit Costs (% of Salaries & Wages) (%), annual FY2017–FY2025 [Data set]. Compiled from Old Dominion Freight Line SEC filings and investor materials. https://stockdatahq.com/stocks/odfl/kpis/employee-benefits-pct-sal-wages
See every metric in the Old Dominion Freight Line KPI table. Data updated Nov 2, 2026.